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United States: Syniverse Technologies acquires messaging business of VeriSign.


Byline: Mamta03

Syniverse Holdings, Inc. (Syniverse Technologies, Inc.) has acquired the messaging and mobile media services of VeriSign, Inc., a provider of internet infrastructure services. Both the companies are based in the US.

Syniverse is an enabler of wireless voice and data services for telecommunications companies.

Syniverse has signed a definitive agreement to acquire the messaging business of VeriSign for $175 million in cash.

Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank  AG is acting as financial advisor, Alston & Bird LLP LLP - Lower Layer Protocol  as legal advisor, and Edelman is acting as public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  advisor to Syniverse. Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  is acting as financial advisor to VeriSign.

The messaging business reported revenues of approximately $140 million in 2008.

Copyright : Euclid Infotech Pvt. Ltd.

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Publication:TendersInfo
Date:Oct 28, 2009
Words:121
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